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of these signatures say the same thing. they both belong to treasury secretary tim geithner, who by virtue of being treasury secretary is also the guy who gets to sign our money. when mr. geithner became treasury secretary, he changed his signature. he changed it from the rather lovely loop de loops on the left to the fifth grader's cursive timothy f. geithner you see on the right. here he is explaining why. >> i think on the dollar bill i had to write something that people could read my name. i didn't try for elegance. i just tried for elegance. >> because mrs. quigley, the first grade writing teach worry have given me an "f" on that. >> i took third grade in new delhi, india. >> whether it is foreign penmanship instruction or something weirder, tim geithner's changed signature never got nearly the attention that his successor's signature received. all of the media got fixated on a signature that is loopier than tim geithner's original signature. this is jack lew. all signs point to president obama say i knowing him to replace tim geithner. and if he is nominated and confirmed, that will mean that
to be nominating jack lew to replace tim geithner as his new treasury swuf state. stay with us for live coverage from the white house. next, the gunfight continues. joe biden sits down with the nra. stay with us. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. is a fantastic experience. 30 shrimp for $11.99. i can't imagine anything better. you're getting a ton of shrimp, and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any two of five savory shrimp selections, like mango jalapeƑo shrimp and parmesan crunch shrimp. two delicious shrimp selections on one plate! all with salad and unlimited cheddar bay biscuits. 30 shrimp, just $11.99 for a limited time. wow, that's a lot of shrimp. i'm ryon stewart, i'm the ultimate shrimp lover, and i sea food differently. is efficiently absorbed in small continuous amounts. citracal slow release continuous
way. he is not the sweet talker that tim geithner that republicans are. the easy thing about him, i think you are right. he is far more ideological than that, he is not like tim geithner. he is head of the new york fed. he is well versed in the new york currency and you have a life long budgeteer. can i add to that? i want to say something about out going. i have the highest regard for them. his financial knowledge was excellent. his knowledge of the whole banking arena. and i'll tell you this too, while i disagreed with him on fiscal issues. he and i had a great personal relationship. what i understand is, he does not have a personal relationship and doesn't know how to deal with people on the other side of the i'll. and that on top of his personal experience to me makes this a poor choice. >> on financial experience i'll grant you some points. this is a guy who has been negotiating complicated deals for 20 years. on the hill in the reagan years, and because there were these tough opepisodes, i would reall take that off your list. >> according to that book, he helped sabotage, he w
years ago i stood with mr. tim geithner and announced him as my first nominee to my cabinet. we were barely two months into the financial crisis. the stock market had cratered. the housing market had cratered as well. bank after bank was on the verge of collapse, and worst of all, more than 800,000 americans would lose their jobs in just that month. and the bottom was not yet in sight. so i couldn't blame tim when he tried to tell me wasn't the right guy for the job. but i knew that tim's extensive experience with economic policy made him imminently qualified. and i also knew that he could hit the ground running. as chairman of the new york federal reserve he had just spent several sleepless and chaotic weeks emersed in the complexities of the crisis and had been working closely with his republican predecessor at treasury to save the financial system. then with the wreckage of our economy still smoldering and unstable i asked him to help put it back together. and thanks in large part to his steady hand our economy has been growing again for the past three years. our businesses have c
plans to announce jack lew to replace tim geithner. the president is expected to do that tomorrow. and hilda solis announced she will resign, while attorney general eric holder announced he will stay on for a second term. jay carney was asked this question about jack lew. >> working on a signature. >> the treasury secretary's signature, you see, appears on all reserve notes, dollar bills during his tenure. here is jack lew's signature, it really is. and here is what jack lew's signature would look like on a dollar bill. not everybody can have the style of john hancock. it was once said that the president had the handwriting that neared that of an illiterate. and of course, there is this, that signature? it may be more legible than jack lew, tim geithner's signature became the very neat, very legible cursive in the right-hand corner. tim geithner said he was forced to change his signature before it was fit to print. richard wolfe, when i was chief of staff at the senate finance committee, we of course had to confirm treasury secretary. and i had when i was all done -- this thing wa
tim geithner. >> and today a team of federal investigators are focusing on why a commuter ferry slammed into a manhattan peer. people were wounded, one critically. >> people were on the ground. >> there's been an explosion in greece claiming the car booming is related to the defense ministry. >> a dozen of killer whales are trapped under sea ice. >> oscar nominations are out, "lincoln" leading with 12. >> barry bonds, roger clemmen, sammy sosa all face accusations of steroid use shut out by the baseball hall of fame. >> off the window to himself! >> turning on the channel right now. >> they clearly don't know the contact. >> all of that matters. >> hillary clinton made the first public comments after off a month dealing with a concussion and blood clot. >> i'm thrilled to be back. >> the president hosted a screening of 1600 penn with send tars who keep embarrassing the white house. as joe biden put it, why is everything looking? >>> welcome to "cbs this morning." we begin with a dangerous turn in the nationwide flu outbreak. the mayor of boston just de
house priorities. if confirmed, lew replaces tim geithner whose background helped him navigate the financial vie sis and new wall street regulations and lew spent three years working with wall street the background is in budget fights and matches washington's new focus. lew was an aide to tip o'neill in the '80s helping score the social security deal with president reagan, led the budget office under president clinton and obama and helping not only to balance the budget in the '90s but generate a surplus. two years ago, he helped negotiate the budget control act. politico puts it this way. tim geithner was a banking man tapped to handle a banking crisis. jack lew is a budget guy being brought in to handle the government's fiscal disaster. on the hill, a handful of republicans oppose lew's confirmation but survived the process twice in four years at omb director and deputy secretary of state. we have jake sherman here. we're hearing yet another white man added to a cabinet with quite a few white men and dwindling number of females s. the president and the team feeling president
to the -- presenting to the nation his nominee to be his next treasury secretary tim geithner is finally leaving and the president turned to his former budget chief, now chief of staff soon to be treasury secretary, jack lew. president obama saying too bad to see tim go but we've got a good guy coming in. >> obama: i understand tim is ready for a break. obviously we're sad to see him go. but i cannot think of a better person to continue tim's work at treasury than jack lew. >> bill: and the president said jack's my buddy. good having him around here but higher duty calls. >> obama: i don't want to see him go because it's working out really well for me to have him here in the white house but my loss will be the nation's gain. >> bill: i lost the nation's gain. -- my loss, the nation's gain. one interesting thing this is what's been getting most of the talk about yesterday's nomination is not necessarily what -- how good a job jack lew will do as treasury secretary. he's a very talented guy. i think he will be a wonderful treasury secretary. and just the right person to have at the president's sid
the right to print money. however the treasury and tim geithner can mint a coin. they can walk over to the federal reserve, deposit in the federal reserve and then all of our debts would be erased. any economics 101 would say that is not the way to run the government. you would have crazy inflation in this case is what is crazier than the 3 trillion-dollar coin is the debt ceiling. congress has always raised the debt ceiling. only how have they fought the white house. well, it's for debt that the congress has incurred. it has to go up. the idea that this 3 trillion-dollar county could get them back the debt ceiling on a technicality is something that makes sense. >> cenk: so it's an absurd idea. understand first of all if they're not going to put it into circulation. if they put it in circulation then they would have inflation. but if they're not going to put it in circulation then what is. this all about? i guess it's the technicality to say technically we still have money. but if you had to actually use it. >> it means that they don't have to issue t-bills or auction off treasury
that lew would work to make at least one of his letters -- tim geithner revised his own signature after he took off. >>> tonight is the premiere the nbc's new show "1600 penn." this sitcom follows president dave gilchrest through press conferences, cabinet meetings, state dinners, as he -- yesterday we sent our own gilchrist to catch up with president gilchrist. >> you actually are a gilchrist. my gosh. did you ever think that that name was a presidential name? >> reporter: you know it crossed my minute once or twice, but there's a story line to wake up watching morning news and thinks he's got a long-lost brother, that might be it. >> i think so that would be a great story line. >> i see this story goods on for many, many years to come. >>> you can watch the full interview on nbcwashington.com, just search pullman 1600 penn. it premiere tonight followed by a second episode at the regular time, 9:30, i think our gilchrist cleaned up to be president. he was in the tie looking very presidential. >>> i'm a fan. >>> coming up next at 4:30, the ugly crime two women committed at a beauty pretty
, to replace treasury secretary tim geithner. a sign the white house expects a big fight over the federal budget lew is the safe pick. he has been confirmed twice by the senate before. just in this administration. if confirmed in time, he can face his first test next month over the debt ceiling. lew is a walk among walks. described in one profile by the huffington post. quote, as harry potter grew up and replaced his magic wand with excel spread sheets. if confirmed lew will be the highest ranking orthodox you don't in government. he grew up in queens. brings his own lunch to work. chose sandwich and an apple which he eats at his desk and still commutes back and forth to new york. catching a train home every friday to spend weekends with his wife. he is well liked in the white house. the p came to depend to the act not many people in washington know the budgeting process. >> jack's economic advice has been invaluable and he has my complete trust both because of his mastery of the numbers but because of the values behind those numbers. >> lew is a progressive whose interests in politics be
. >> chip, what do you think? tim geithner stepping down. how do you think it's going to impact? do you think, either of you, if the president were to ask tim geithner to stick around at least through that, like, listen, friend, can you extend this another six weeks because i don't want to go through a nomination fight in the middle of all of this as well, don't you think tim geithner would say okay? >> one thing i learned in politics, if the president of the united states asks you to do something, you usually do it. you do it enthusiastically. i think timothy geithner, i agree with what jimmy was saying, i think he knew for a long time he was leaving. they've had a long time to get their successor in place. i think it is going to be jack lew for a variety of reasons. in this fiscal cliff debate, we saw jack on the sideline and not fighting with the senators. think he was saving him for this nomination process. i think it is going to be jack. >> good to see you both. thanks, guys. >>> today's twitter question is how much control should congress have over a president's cabinet pick? here
the administration has not pursued its goals. >> he is not tim geithner. geithner really did come from wall street and was a guy who was there to some degree to protect those institutions, and lew is not that. >> meanwhile, governor, we are not -- the person that in theory should be the most controversial, john brennan, the drone program, he took himself out of contention in 2008. nothing has been said about him. >> because he is low key and on the radar screen from the public, and it not one of the big three. >> might check in with rachel maddow. >> i was going to say, i also think it's because there's been an acquessence. >> the republicans like drones. >> bernie sanders is planting a flag in jack lew's -- >> he represents the entire left of the democratic party? >> one wing of the very progressive left. you are just moving it like a very far -- a tad -- i'm not saying anything against senators here on this show, but i think -- >> bernie is a greet graet guy, but it's a tiny little wing. it's probably a little fet zeesh fet other the wing. >> wow. feathers and wicks. we need to take a break. pre
say, somebody reminded me that tim geithner changed his signature a little bit when he became treasury secretary because he's going to be on the bill. so maybe. >> let's see it again. bring that picture back, because we just showed what it would look like. that is his signature. that's jack lew. if you want to go to him -- he may be a doctor, maybe he has a ph.d. he's not a medical doctor as far as i know. it's got to be the world's worst signature, looks more like a doodle. >> i wonder how he came up with it. >> assuming that's confirmed. one more quick thing, we showed you the picture that the white house photographer took of the president and his top advisers during one of the fiscal cliff deadline meetings in the oval office, and they swear to us that somewhere hidden valerie jarrett is sitting on the desk, so there is a woman somewhere in this picture, but christian, jack lew, assuming jack lew is named treasury tomorrow and there will be a male chief of staff replacing jack lew, where are the women? >> well, andrea, there's no doubt that women's advocacy groups are critiquing and
, tim geithner at treasury, hillary clinton at state who stayed on the whole time. is this a reflection on this president or just how grueling and critical this job has become? >> i think it's a reflection of how grueling and critical the job has become and how tough it is on people. i talked to someone leaving the white house yesterday. i said what are you going to do? i'm going to get a job where i don't have to get up at 5:00 a.m. every day. it never stops, 24/7 and not surprising that people after two years or a year decide they want to do something else. it's very hard on people, particularly people with young kids and families. >> the top contenders for chief of staff are two more white men, den is mcdonough and ronald klain. let me get your reaction to this. >> barack obama is black. >> some of the president's top advisers are women, valerie jarrett, half of the white house staff is women. that's been a diverse cabinet and white house staff. what we're experiencing now is a communications problem more than an actual diversity problem. >> rich, is this an optics problem? >> let me
the same number of loops each time he does it. >> tim geithner says one of the first things he had to do when he became treasury secretary, was make it a little more legible. >> it suddenly matters. >>> other stories making news this morning. john has that for us. >>> the 16-year-old who opened fire and critically wounded a high school classmate claims he was bullied. he was tar getting two boys at taft high school in balkersfield, california. the suspect may have had a hit list. teacher ryan heber and kim lee fields, counselor, getting high praise for convincing the shooter to put the shotgun down. >> this teacher and counselor stood face to face not knowi ii whether he would turn the gun on them. they have seen the news meadow, probably expected the worst and hoped for the best, gave students a chance to escape and conversed and it worked. >> for now, the suspect will be charged as a juvenile with attempted murder it will be up to prosecutors to decide if he will be eventually charged as an adult. >>> some americans are believed to be among the dead in a hotel fire in the northern phil
to replace tim geithner. geithner had signature problems too. previous secretaries penned readable if not memorable signatures. geithner told public radio last week india is to blame. >> i took hand riting in india. i probably didn't get the best instruction. >> even if he did, he doesn't know where to begin. >> he has a symbolic strange signature. if he caressing legacy, he'll adjust his signature so that it's less transparent. >> now, for those of you who are wondering, my signature has ledgeability issues of its own, but nobody's asked me to be treasury secretary and definitely never will. >> thank you, major. >> what's interesting about this is why does he sign his name that way? >> i don't know, charlie. i was trying to figure out which is the jay, which is the a. i can't tell. do you think he'll change it? >>> we drink coffee in the morning to help us wake up, but did you know coffee might also fight off depression? we'll show you how many cups you may need to stay happy next. >>> and there's an investigation of an outbreak of legionnaires' disease. why hospital officials wou
be on all u.s. currency. here it is loopy and arguably unreadable. current treasury secretary tim geithner said he had a similar problem before he took over. here it is before he took the job. and here what it looks like now. he improved his penmanship to make it easier for folks to read. i can't argue. have you seen mine? martha: it deteriorates with every passing year. bill: jack lew that --. martha: well it is the worst flu outbreak in at least a decade and doing a number on people across the country. the virus is reported in 41 states with nine states reporting high or severe levels of flu. boston's mayor says his city is under siege. he is declaring a public health emergency. the state of massachusetts reporting 18 flu-related deaths so far. the hospitals can barely contain all the people pouring into them. >> we're seeing significant rates of hospitalization, much more serious than we've seen in the last two years. martha: molly line live from boston. molly, what can you tell us and i hope you have had a flu shot? >> reporter: i have had a flu shot actually. there have been 700 cases
. >> i like it. >> looks like my husband's signature. why even bother. >> the treasury secretary, tim geithner cleaned up his signature. there is now a petition to keep ja jack's doodle. >> kind of like when your little kid draws hair on you. >> i can do better than that with this cast on. >> we're doing autographs of the these. >> mine impossible. you can't even -- >> that's pretty good. >> roker's is beautiful. >> come on! >> makes you want to be a weather person. >> here's me. >> nat callie, looks like you did that with a cast. >> i did. >> what does that say? >> corbin bernsen. >> the simple like french. [ elizabeth ] i like to drink orange juice or have lemon in my water... eat tomato sauce on my spaghetti. the acidic levels in some foods can cause acid erosion. the enamel starts to wear down. and you can't grow your enamel back. i was quite surprised, as only few as four exposures a day what that can do to you. it's quite a lesson learned. my dentist recommended that i use pronamel. because it helps to strengthen the enamel. he recommended that i use it every time i brush. you f
, people would say, it's his signature. >> tim geithner also changed his signature a bit, because it was not the best. >> might want to practice a few times. >> and there it is. i say it's unique and hard to copy and as long as i have some of those signatures in my wallet, i'll make it. >> i think it would be easy to copy. >> you think so? >> his signature. you've been showing it the past couple of days? >> yeah, been talking about it. >> there it is. plus, it's just laziness, really. that doesn't say jacob lew. >> the j you can see in the beginning. >> it says he's very busy. >> we'll get an expert. >> i would love to do that. probably creative and good with numbers. >> good with money. >> that would be important. >> we're looking, you know, the weekend looking up temperature- wise. rain showers moving in later this afternoon. had a few sprinkles reported early this morning. be ready for showers later today. 40 in washington. 37 in annapolis. 37 learn ard town. 30degrees in manassas. here's the deal with today, highs in the upper 40s to about 50. won't feel as warm as yesterday,
's much rumored pick to succeed treasury secretary tim geithner. the odds on favorite jack liew. he would expect to be confirmed, but some in the business community, they're concerned, because he has little market or business experience. >>> and an eerie twist here in the search for that missing plane carrying fashion icon vittorio missoni. his wife and five others, a plane vanished friday off the coast of venezuela. but according to these new reports, the son of one of the men on board got a text message sunday night that said and i'm quoting this text, call now, we are reachable. the italian telephone company confirmed the message was sent but couldn't verify when it was written. crews continue the search off the country's coast. >>> in seaside heights, new jersey, look at this. look at this closely with me. this is that roller coaster and you see this man, he climbed to the tip-top of it, to call attention to the recovery from superstorm sandy or the lack thereof. there he is, scaling the same coaster chris christie said he vacationed at, took his kids to. the structure swept into the
-866-55-press. we reported earlier this week that tim geithner was leaving. he was no longer going to be treasury secretary. barack obama yesterday it leaked out he was going to nominate jack lew to run the treasury department. he hasn't made the official announcement but it looks like jack lew is going to take that over which means we're going to get a new signature on our flat money. because you know, the treasury secretary has a signature. bill is checking to see if he has timothy geithner's autograph there on his dollar bills. >> bill: yes. >> peter: he's got a nice, neat little signature. timothy geithner. there is a whole hubbub now over jack lew's signature. are you ready america? to see that on your flat money. if you can't see it is just a squiggly line of a signature. it looks like someone has had too much to drink and tried to draw a caterpillar. >> that's something that someone could forge very easily. >> peter: it looks kind of like a war shock test. there's jack lew's signature right there. tell me what you see. i see a butterfly. that will be very interesting to see
considered failures. tim geithner's tenure has been controversial but i think broadly speaking what he did to write the financial system will be considered a tremendous achievement in the annals of economic policy-making. but again, they are in something of a rut, i think, in their economic policy-making at this point, and particularly in their approach to dealing with republicans. a lot of that, i'd say frankly the bulk of that blame falls on the house republicans and john boehner. but it's nevertheless a case that they just put somebody into the treasury department who they intend to have lead a lot of their budget battles who john boehner at this point essentially refuses to work with. during the 2011 negotiations, they said boehner and the republicans said we just don't want to deal with lew anymore. we don't feel we can get him to say yes to us. now, to some degree that might be because lew is reflecting the will of the president, but i just think there's a kind of a siege mentality a little bit at the white house that's showing up in their appointments, which is understandable, but i
attain to. >> exactly. >> tim geithner who apparently jeff sessions thinks is a great guy, he was at the fed while this stuff was going down. he was part of the clinton administration that deregulated wall street that allowed the whole thing to go down. and yet now he's got gravitas. all of them are tainted, whether it's by bonuses or policy setting. you know, jack lew is one of the less offensive, maybe totally inoffensive thing -- the only thing people are objecting to is the signature. that tells you something. >> what do you make of, say, jeffrey sachs arguing a couple days ago that there's a problem having wall street people going to the treasury because, you know, you've got foxes guarding the henhouse? >> there are two pieces -- actually now like three or four pieces of financial regulation. treasury deals with part of it, but they also have to deal with all sorts of economic policy including maintaining confidence in the financial markets. that used to be one of the big roles that people like bob ruben were to be able to do. there are multiple roles treasury secretary
Search Results 0 to 42 of about 43 (some duplicates have been removed)